GYM president Yvon Michel said that Pascal didn't like his cut of the purse.

"The contract for the fight with Tavoris Cloud had been signed for three weeks," said Michel. "Advance ticket sales had already started, everything was done, everything was ready. And when everything was signed, (Pascal) demanded more money than what was had been in his deal with GYM and InterBox for four months.

"It's a shame, because we were able to convince the U.S. Showtime network to buy the event and broadcast the fight."

Pascal (29-2-1, 17 KO) denies he was unhappy with the purse and says he simply wasn't a priority for his handlers. He hasn't fought since January when he defeated fellow Montrealer Lucian Bute.

"I wanted to fight in June, I was ready, but they decided to put me aside," Pascal said. "I would rather die on my feet than live on my knees."

Pascal had been on the comeback trail ever since he lost his WBC light-heavyweight belt to Bernard Hopkins in 2011 but even he seems uncertain about his future.